Arbitrum (ARB), which has exhibited fluctuating price movements since its listing on crypto exchanges, has increased by 15 percent in the last 24 hours, currently ARB analysis.
ARB, which gained great popularity after the start of the airdrop frenzy, pleased its investors with its 15.73 percent rise since yesterday. It can be seen that the chart is gradually maturing in ARB, which continues with fluctuating price movements after being listed on many crypto exchanges at the same time. ARB, which has received selling pressure from the $1.40 levels, seems to have started an uptrend again after testing the support level.
ARB Chart Analysis
ARB, which gained a strong upward momentum by finding greedy buyers at the $1.10 level, has recorded an increase of approximately 16 percent in the last 24 hours. Starting from the preservation of this support level, it draws an upward price movement and remains above both the weekly and daily opening price. In the scenario where a price increase is expected, it is of great importance that the levels of 1,344 and 1.40 dollars are exceeded and permanence is ensured.
In the price decrease that may occur in the presence of Fud news from the crypto market or the movements of ARB investors, the 1.20 and 1.11 dollar levels can be followed as support, respectively.
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